LONDON (Alliance News) - Electronic systems developer PipeHawk PLC on Wednesday said its subsidiary QM Systems has been awarded further business worth GBP400,000 from Mann & Hummel (UK) Ltd, following the completion of its first large scale project with the company.
QM Systems will deliver its services over the next five months, after establishing a partnership with Mann & Hummel to provide production and test equipment for the foreseeable future.
"We work tirelessly to provide our clients with the best possible service and experience, we are extremely confident that Mann & Hummel will continue to be fully satisfied with the service that QM Systems provides as this partnership develops," Chairman Gordon Watt said in a statement.
Shares in PipeHawk were trading up 17% at 3.50 pence on Wednesday morning.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
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PipeHawk (PIP)